Member-only story
Japan’s Quiet Crisis: Losing the Global Resource Race
From Global Leader to Systemic Buyer’s Defeat
In an era marked by intensified global supply chain competition, Japan faces an under-the-radar crisis known as “kaimake,” or buying defeat. Coined by business consultant Takanori Sakaguchi, the term captures Japan’s struggle to competitively secure essential resources — ranging from semiconductors and liquefied natural gas (LNG) to food, labor, and lumber. Once revered as a global benchmark for manufacturing and quality, Japan now consistently loses critical battles for international resources.
Structural Weaknesses Rooted in Corporate Culture
This predicament is far from coincidental, stemming instead from deeply ingrained cultural and structural weaknesses within Japanese corporate practices. Japan’s enduring commitment to unmatched quality and extreme attention to detail — traits historically celebrated — has ironically become a disadvantage. Its traditional aversion to quick decision-making and preference for small-scale purchases further diminishes its appeal to global suppliers.
Sakaguchi highlights revealing examples such as the famed Tsukiji Fish Market’s high bids for tuna consistently being outmatched by Hong Kong buyers as far back as two decades ago. Likewise, construction firms consistently lament shortages of…
